17.12.2009
Glencore International may buy stakes in grain producers
The Antimonopoly Committee of Ukraine has authorized Swiss company Glencore International AG to buy a number of stakes in Ukrainian grain producers, the antimonopoly committee press service reported.
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FAO examines Iran's grain production, use
In its latest report on Iran, the Food and Agricultural Organization cited a 5 million tons decrease in grain imports, 3.7 million tons of local wheat production, a stop in the growth of rice consumption, and the production of 95 percent of the meat used in the country in 2009.
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EU wheat prices mostly up
Wheat prices in major western European markets were mostly higher on Monday, supported by a soyabean-led advance in US futures. Dealers said they were also closely monitoring cold weather in France although initial indications were that it appears unlikely to cause any damage to crops.
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Ukraine crops improve, but credit to stay tight
Credit, which slumped nearly 40% last year, looks likely to remain tight for Ukraine's farmers despite waning fears for winter sowings, a leading analysis group has said.
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Agriculture slowing down development rates
The agriculture will not become a driver for the Ukrainian economy, since it gradually slows down development rates and even may show minus over two recent months. The NBU regards a negative dynamics as quite possible.
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Most Ukraine winter grains in good condition
About 88 percent of Ukrainian winter grain crops, which will be harvested next summer, were in good or satisfactory condition as of December 3, UkrAgroConsult agriculture consultancy said on Tuesday. But it said a drought in July to October had weakened some crops.
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IMF reported postponing $3.5 billion loan
Prime Minister Yulia Tymoshenko on Sunday disputed a Friday story in the New York Times suggesting the International Monetary Fund has decided to postpone a $3.5 billion loan installment to Ukraine.
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Crop shortfall coverage
With high specialization and rapid expansion in production, soybeans have become a significant contributor to Brazil’s agricultural export industry. However, droughts, pests and crop diseases can severely impact production levels and earnings for all stakeholders in the supply chain.
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Sugar hits record high as hopes for Brazil wane
Sugar hit a fresh record high amid expectations after Brazil, the world's biggest producer, cut output expectations further.
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Ukraine to reverse beet slump as sugar price bites
Ukraine is to attempt to reverse a long-running fall in sugar beet production which has turned the country into a sugar importer at a time of soaring prices.
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